We assign a technical rating of 3 out of 10 to CXDO. In the last year, CXDO was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is bad, CXDO does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.08
When analyzing the support we can see 3 important areas.
- Support @6.10 from a trend line in the daily time frame.
- A support zone ranging from 5.74 to 5.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.13 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.56 to 6.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CXDO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CXDO is down. |
| ChartMill Relative Strength | 66.83 | NEUTRAL | CXDO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CXDO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CXDO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CXDO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.77 | NEUTRAL | The RSI value for CXDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CXDO has a negative trend. |
| Stochastics (14,3) | 10.79 | OVERSOLD | The low Stochastics value suggests CXDO may be oversold. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CXDO suggests some volalility. |
| Average Directional Index/ADX (14) | 10.3 | NEGATIVE | The low ADX value for CXDO suggests a weak or negative trend. |
6.46
-0.14 (-2.12%)
CREXENDO INC / CXDO FAQ
What is the ChartMill technical rating of CREXENDO INC (CXDO) stock?
ChartMill assigns a technical rating of 3 / 10 to CXDO.
What is the trend direction for CXDO stock?
The current trend direction for CREXENDO INC (CXDO) is Bullish.
What is the RSI signal for CREXENDO INC (CXDO) stock?
CREXENDO INC (CXDO) has an RSI value of 43.7708. This indicates that the stock is currently neutral.
What is the short term momentum for CREXENDO INC (CXDO) stock?
The short term momentum for CREXENDO INC (CXDO) is negative.
What is the support and resistance level for CXDO stock?
CREXENDO INC (CXDO) has a support level at 6.1 and a resistance level at 6.56. Check the full technical report for our detailed analysis of CXDO support and resistance levels.